Mailbox Estates are pleased to present an exceptional opportunity to acquire a well-established Manufacturer of Commercial Catering Equipment.
Based in the heart of the Midlands, this business has been proudly serving the entire UK for over 25 years with bespoke manufacturing and installation services. Renowned for producing top-of-the-line fish frying ranges known for their exceptional quality and superior performance, they are a trusted name in the industry. Catering to a wide range of establishments, they offer expert advice drawing from decades of experience in the field. Their extensive inventory of catering equipment is complemented by a showroom, where the public can explore a vast selection of products and accessories first-hand.
This family-run business specialises in the design, manufacturing, and supply of high-quality catering equipment for the food service industry across the nation. With years of expertise, they craft products onsite to meet their clients' exact specifications, delivering exceptional service and products they take great pride in.
THE OPPORTUNITY:
* In addition to manufacturing, the business provides installation, maintenance, and repair services, ensuring long-term client satisfaction and building strong, lasting relationships with their customers.
* They work with a variety of suppliers within in the industry including Rational, Samsung and Panasonic. This allows the business to provide only the highest level of quality.
LOCATION:
* Situated in a strategic location with excellent transport links, the business benefits from easy access to key markets and suppliers.
REASON FOR SALE:
* After 42 successful years in the industry , the owner is looking to retire and pass on this thriving enterprise to a new owner who can continue its legacy and capitalize on future opportunities.
FIXTURES & FITTINGS:
* All fixtures and fittings are to be included in the sale price along with the whole stock inventory.
TURNOVER:
* The three main streams of revenue are call outs, services and sales.
* A breakdown can be provided upon request.
*We are in receipt of the 2023 accounts which show a turnover of £769,336 and gross profit of £256,978.
RENT:
* The rent per annum is £41,400 and includes 3 units OR £1,150 per calendar month for each unit.
STAFFING:
* The business is supported by a dedicated team of skilled employees, including managers, technicians, and customer service personnel, all of whom are committed to maintaining the high standards of service.
* The current staffing schedule includes: Two engineers, one of which includes the owner, and three part time sales executives and one full time welder.
INTERNAL:
* The business operates from a modern, well-maintained facility that includes manufacturing space, offices, and storage areas.
EXTERNAL:
* Each unit comes with four designated car parking spaces. In total, there are 12 secure, gated parking spaces at the rear, reserved for the business owner and customers.
TENURE:
*The site is available through the assignment of the existing lease until 2027 and is renewable.
FINANCIAL INFORMATION:
* Detailed financial information, including accounts and forecasts, will be made available to serious buyers upon signing a non-disclosure agreement.
RATES:
* Enjoy the benefit of zero rates payable, enhancing the appeal of this opportunity.
